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VT H0115

Bill

Official Source

Status

Introduced

1/29/2025

Primary Sponsor

Michelle Bos-Lun

Click for details

Origin

House of Representatives

2025-2026 Session

AI Summary

  • Authorizes the Commissioner of Taxes to forgive income tax liability for taxpayers who lost income to fraud
  • Provides tax relief specifically for victims of fraud rather than requiring them to pay taxes on income they never actually received
  • Introduced as a short-form bill in the 2025 Vermont legislative session, with full statutory text to be developed by committee
  • Sponsored by nine House representatives from districts including Westminster, Colchester, Bristol, Rockingham, and Rutland City

Legislative Description

An act relating to tax debt forgiveness for victims of fraud

Last Action

Read first time and referred to the Committee on Ways and Means

1/29/2025

Committee Referrals

Ways and Means1/29/2025

Full Bill Text

No bill text available